Shipping & Freight
ModerateJul 1, 2026FedEx Stock Falls 4% as $1.4B Logistics Unit Sale Proceeds
FedEx announced negotiations to sell a significant logistics unit valued at approximately $1.4 billion, triggering a nearly 4% decline in share price. This divestiture reflects the company's strategic
Blockonomi#fedex-divestiture#logistics-asset-sale#supply-chain-restructuring